HomeLife/Landmark Realty Inc. Brokerage

 

  
Land Transfer Tax Calculator

Use the form below to calculate the amount of land transfer tax you will have to pay.  Land transfer tax is applied on the sale price only.

  
Purchase Price: $
- I am a first time home buyer
- I am purchasing a property located in Toronto
Total Land Transfer Tax:

 $

Ontario Land Transfer Tax Explained

Ontario Land Transfer Tax

0.5% - on the first $55,000
1.0% - on portion between $55,000 - $250,000
1.5% - on balance over $250,000
2.0% - on anything over $400,000
Qualifying first time buyers receive a $2000 credit

Toronto Land Transfer Tax

0.5% - on the first $55,000
1.0% - on portion between $55,000 - $400,000
2.0% - on anything over $400,000
First time buyers are exempt on the first $400,000

 

 

 

HomeLife/Landmark Realty Inc., Brokerage

North York Office: 75 The Donway West, Suite 708, Toronto, ON M3C 2E9

Phone: 416-386-1200   Fax: 416-386-1500

 

                                                  Scarborough Office: 5200 Finch Ave East, Suite 206, Toronto, ON M1S 4Z4

                                                    Phone: 416-293-5093   Fax: 416-293-5237

                                     

                                           Hours of Operation: Mon-Fri 9-9, Sat 9-4, Sun 10-4

Email: info@homelifelandmark.com

 

 



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